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Y It's actually a fiction and a delusion, ”says Buffett in an interview with CNBC's Becky Quick on Bitcoin.

The CEO of Berkshire Hathaway has long been a crypto-currency critic. Berkshire Hathaway described Bitcoin as a s rat poison c in the presence of the participants during the 2018 annual shareholders meeting.

Dose of Criticism Increased

Y Bitcoin doesn't have a unique value, Box says Buffett of Bitcoin on Monday in an interview with CNBC's Becky Quick in ile Squawk Box li. Actually, it is a delusion and delusion ”.

The CEO of Berkshire Hathaway said he was sympathetic to the optimists who took the world's largest crypto currency, hoping they would "change their lives". As it is to be remembered, at the end of 2017, Bitcoin was close to $ 20,000 and then lost more than 80% of its value. The crypto currency is currently trading at $ 3944.

Buffett said about the peak price in Bitcoin. If you do something fake by going out and selling yoyo or something else, you can't afford to pay for it. But when you enter Wall Street, you have a lot of money here. Iniz

Buffett's Other Bitcoin Qualifications

As highlighted above, Buffett called Bitcoin a ’rat poison Yukarıda. When we look at CNBC's Warren Buffett Archive, the qualifications that Buffett uses for Bitcoin include "illusion", not "currency" and "tulips".

In an interview Monday, Buffett points out the potential of Bitcoin in the key and leading technology block chain, but states that the success of this technology is not tied to the crypto currency.

Buffett is not alone in his reviews. Business leaders, such as Bill Gates, economists Nouriel Roubini and Robert Shiller, and fund managers Ray Dalio and Howard Marks, are among those who question the legitimacy of Bitcoin. J.P. Morgan CEO Jamie Dimon is also a bit of a Bitcoin critic. Still earlier this month, J.P. Morgan was the first major bank to launch its own private crypto currency for cross-border payments.